Triata Capital Ltd Acquires 80,822 Shares of H World Group Limited Sponsored ADR $HTHT

Key Points

• Triata Capital Ltd significantly increased its stake in H World Group Limited Sponsored ADR by 38.6%, owning 290,035 shares after acquiring an additional 80,822 shares.
• Shares of H World Group opened at $33.07 with a market capitalization of $10.15 billion and a current consensus rating of "Moderate Buy" from analysts.
• JPMorgan Chase & Co. has lowered their price target for the stock from $43.00 to $42.00, maintaining an "overweight" rating.

Triata Capital Ltd increased its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 38.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 290,035 shares of the company's stock after acquiring an additional 80,822 shares during the period. H World Group comprises 2.4% of Triata Capital Ltd's holdings, making the stock its 9th largest holding. Triata Capital Ltd owned approximately 0.09% of H World Group worth $10,734,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of H World Group by 7.4% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,424 shares of the company's stock worth $349,000 after acquiring an additional 646 shares in the last quarter. Skandinaviska Enskilda Banken AB publ boosted its position in shares of H World Group by 2.1% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 39,500 shares of the company's stock worth $1,462,000 after acquiring an additional 800 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of H World Group during the 1st quarter worth approximately $40,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of H World Group during the 1st quarter worth approximately $51,000. Finally, Asset Management One Co. Ltd. boosted its position in shares of H World Group by 5.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 33,926 shares of the company's stock worth $1,256,000 after acquiring an additional 1,684 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Price Performance

H World Group stock traded up $0.31 during mid-day trading on Friday, reaching $36.24. The company had a trading volume of 1,808,021 shares, compared to its average volume of 2,428,200. H World Group Limited Sponsored ADR has a fifty-two week low of $28.27 and a fifty-two week high of $42.98. The company has a current ratio of 0.81, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32. The company has a market cap of $11.12 billion, a P/E ratio of 21.83, a P/E/G ratio of 1.71 and a beta of 0.47. The business has a fifty day simple moving average of $33.24 and a 200 day simple moving average of $34.77.

H World Group Dividend Announcement

The business also recently announced a semi-annual dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th will be given a $0.79 dividend. The ex-dividend date is Tuesday, September 9th. This represents a yield of 480.0%. H World Group's dividend payout ratio (DPR) is currently 114.46%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price target on shares of H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 21st. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, H World Group currently has a consensus rating of "Moderate Buy" and an average price target of $40.80.

H World Group Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.